CHUO MALLEABLE IRON CO., LTD. Business Report FY2009
Business Highlights
Financial Overview |
(in millions of JPY) |
FY2009 | FY2008 | Rate of change (%) |
Factors | |
Overall | ||||
Sales | 16,412 | 18,919 | (13.3) | - |
Operating income | 43 | (997) | - | -Even though sales decreased, operating income increased because the Company installed high-frequency induction furnaces and implemented measures to improve profitability. |
Ordinary income | 225 | (1,100) | - | - |
Current net income | (36) | (1,552) | - | - |
Automobile & other vehicle components | ||||
Sales | 13,990 | 15,484 | (9.6) | -Sales decreased due to the Company’s steep production cuts at the beginning of the year. |
Operating income | 771 | (150) | - | - |
R&D
R&D Expenditure |
(in millions of JPY) |
FY2009 | FY2008 | FY2007 | |
Automobile & other vehicle components | 2 | 2 | 22 |
R&D Structure
Automobile & other vehicle components-The SE section is in charge of all activities, from development through to design, casting and appraisal.
-In order to respond to customers' needs calling for reductions in vehicle weight, costs and lead-time, the Company enhanced its customer-support in the areas of design and appraisal, from proposals on optimum component shapes to appraisal of prototypes, by providing both casting technology and CAE analysis. CAE designs and at the same time can analyze degree of strength, mold fill, and solidification at the 3D model stage.
Investment Activities
Capital Expenditure |
(in millions of JPY) |
FY2009 | FY2008 | FY2007 | |
Overall | 794 | 1,576 | 1,641 |
Automobile, other vehicle & Industrial machinery components |
789 | 1,563 | 1,636 |
-Casting | 612 | 528 | 792 |
-Processing | 177 | 1,035 | 844 |
Automobile & other vehicle components
-The cast parts segment focuses its investment activities on maintaining, revamping, and streamlining its existing production lines.
-The processing segment worked on streamlining production and reducing the number of its workforce.
New Equipment Installations
(As of Mar. 31, 2010)
Company/ Facility (Location) |
Equipment | Planned amount of investment (million yen) | Project period | Capacity increase | |
From | To | ||||
The Company Nissin Plant (Aichi, Japan) |
Casting facilities | 236 | Mar. 2010 |
Mar. 2011 |
*1 |
The Company Nissin Plant (Aichi, Japan) |
Processing facilities | 279 | Apr. 2010 |
Mar. 2011 |
*1 |
The Company Kumamoto Plant (Kumamoto, Japan) |
Processing facilities | 41 | Mar. 2010 |
Mar. 2011 |
*1 |
Toki Malleable Iron Co., Ltd. (Gifu, Japan) |
Casting facilities | 54 | Apr. 2010 |
Mar. 2011 |
*1 |